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Nebius Group (NASDAQ:NBIS) Hits New 1-Year High - Time to Buy?

Nebius Group logo with Computer and Technology background

Nebius Group N.V. (NASDAQ:NBIS - Get Free Report) reached a new 52-week high on Wednesday . The stock traded as high as $38.90 and last traded at $37.95, with a volume of 2094220 shares. The stock had previously closed at $36.89.

Analyst Ratings Changes

Separately, BWS Financial began coverage on shares of Nebius Group in a report on Monday. They set a "buy" rating and a $51.00 price target on the stock.

View Our Latest Report on NBIS

Nebius Group Stock Performance

The company's 50-day moving average price is $26.88. The firm has a market cap of $13.38 billion, a P/E ratio of -64.95 and a beta of 2.63.

Nebius Group Company Profile

(Get Free Report)

Nebius Group N.V., a technology company, builds intelligent products and services powered by machine learning and other technologies to help consumers and businesses navigate the online and offline world. The company's services include Nebius AI, an AI-centric cloud platform that offers infrastructure and computing capability for AI deployment and machine-learning oriented solutions; and Toloka AI that offers generative AI (GenAI) solutions at every stage of the GenAI lifecycle, such as data annotation and generation, model training and fine-tuning, and quality assessment of large language model for accuracy and reliability.

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